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PANAMA CITY BEACH, FL 32413

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The PANAMA CITY BEACH, FL real estate market (32413) currently shows 840 active listings, with 122 pending sales. Homes are averaging 84 days on the market before going under contract.

Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 84 days on market compared to 74 days last year.

The median listing price has fallen 8.1% year-over-year, from $549,000 to $504,786.

Whether you are buying or selling in PANAMA CITY BEACH, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 14,820  ·  Density: 52.9/mi²  ·  Median household income: $75,970

Typical home value: $349,254  ·  Homeownership: 72.8%

Market Overview

Active Listings
840
⇩ 1.4% vs 852 last year
Pending
122
15% pending ratio
Median Price
$504,786
⇩ 8.1% vs $549,000 last year
Average Price
$755,055
⇩ 2.4% vs $773,801 last year
Days on Market
84
⇧ 13.5% vs 74 days last year

Price Per Square Foot

Median $/sqft
$434
⇩ 2.3% vs $444/sqft last year
Median Home Size
1,246 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 840 this year vs 852 last year
  • Days on market: 84 now vs 74 last year

Median & Average Pricing

Year over Year
  • Median: $504,786 (-8.1% YoY)
  • Average: $755,055 (-2.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 40.2 miles — 3,449 listings ($1,857,335,986 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32413Panama City Beach, FL 324130.0 mi780$557,146,200$516,000$714,290
32407Panama City Beach, FL 324079.4 mi453$242,923,968$412,875$536,256
32408Panama City, FL 3240813.1 mi756$409,590,216$399,925$541,786
32405Panama City, FL 3240515.1 mi200$89,602,200$341,250$448,011
32462Vernon, FL 3246217.4 mi8$4,288,664$479,250$536,083
32439Freeport, FL 3243919.1 mi328$177,078,672$431,650$539,874
32404Panama City, FL 3240423.9 mi486$165,406,698$317,400$340,343
32435Defuniak Springs, FL 3243527.4 mi57$22,121,529$287,820$388,097
32428Chipley, FL 3242828.4 mi106$44,001,660$303,900$415,110
32438Fountain, FL 3243831.3 mi7$2,432,500$350,000$347,500
32578Niceville, FL 3257836.4 mi227$129,888,719$491,225$572,197
32425Bonifay, FL 3242539.0 mi38$11,536,610$262,500$303,595
32430Clarksville, FL 3243040.2 mi3$1,318,350$439,450$439,450

Frequently Asked Questions

How many homes are for sale in PANAMA CITY BEACH, FL 32413?

As of March 2026, there are 840 active listings in PANAMA CITY BEACH, FL (zip code 32413), compared to 852 the prior year.

What is the median home price in PANAMA CITY BEACH, FL 32413?

The median listing price in PANAMA CITY BEACH, FL 32413 is $504,786 as of March 2026, a 8.1% decrease from $549,000 the prior year.

How long do homes stay on the market in PANAMA CITY BEACH, FL?

Homes in PANAMA CITY BEACH, FL 32413 spend an average of 84 days on the market before going under contract, compared to 74 days the prior year.

Is it a seller's or buyer's market in PANAMA CITY BEACH, FL 32413?

Based on current inventory and days-on-market data as of March 2026, PANAMA CITY BEACH, FL 32413 is currently a Balanced Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 84 days on market compared to 74 days last year.

How much can I save on real estate commission in PANAMA CITY BEACH, FL?

With SELL123.com's maximum 3% commission, sellers in PANAMA CITY BEACH, FL 32413 save an estimated $10,096 compared to a typical 5% commission on the median listing price of $504,786. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.